Complete this question by entering your answers in the tabs belo Required 1 Required 2 Required 3 Prepare a traditional income statement for the quarter ended March 31. >> The Alpine House, Inc. Traditional Income Statement Sales $ 1,075,000 Cost of goods sold (260,000) Gross margin 815,000 Selling and administrative expenses: Selling expenses $ 107,500 Administrative expenses (117,500) X Fixed manufacturing overhead 65,500 Administrative expenses (110,000) (54,500) Net operating income $ 38,500 Required Requi